Suburban report.

Concept Plan Okd For 1,600 Residences

April 23, 2000|By Ann Brack-Johnson.

OSWEGO — The Oswego Village Board approved a concept plan for Greenside at Mill Race Creek, a 600-acre site south of U.S. Highway 34 and east of Douglas Road owned by Inland Real Estate Development Corp. of Oak Brook.

The multi-use plan includes 1,600 dwelling units, clustering, greenway features, 40 acres of park and school site space, and a commercial sector near U.S. 34 and Douglas.

The Plan Commission has approved Inland's concept plan for 40 acres of the commercial sector at the southwest corner of U.S. 34 and Douglas. The property will be built out by Ryan Companies US Inc. of Minneapolis with a 350,000-square-foot shopping center, outlots and 1,761 parking spaces.

The Village Board also has approved plans for Farmington Lakes, a luxury apartment complex to be built on a 19-acre site owned by Ocean Atlantic, north of U.S. Highway 34 and east of Douglas Road.

Bristol Chicago Development will construct the complex, which includes 19 buildings of 16 units each, a community house, swimming pool, walkway system and decorative lighting. William Walsh, chairman of Bristol Chicago Development, expects one-bedroom apartments to rent for about $850 a month and two-bedroom units for about $1,200.